Securitas has acquired the monitoring and installation company Selectron in Uruguay. Enterprise value is estimated to $3.2M (MSEK 20).
Selectron has annual sales of approximately $4.3M (MSEK 27) and 90 employees. The company has a strong presence in the financial and retail customer segments.
Securitas is the market leader in security services in Uruguay. With the acquisition of Selectron, Securitas will strengthen its position in monitoring and installation of technology solutions.
The acquisition is consolidated in Securitas as of February 1, 2013.